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BAA again forced to sell two airports

Analysis

BAA once again finds itself forced to sell two of its remaining six airports as Britain's Court of Appeal upheld and reinstated the Competition Commission's (CC) decision from Mar-2009 that it must sell London Stansted Airport and either Glasgow or Edinburgh airports in Scotland. BAA's original argument was that the sale of London Gatwick Airport had been 'forced on it' (though it took the decision to sell in advance of the formal announcement) at a bad time economically and that it did not want to repeat the exercise any time soon. The knock-on effect might be considerable as Ryanair ramps up its efforts to convince the Irish government to break up and sell off parts of the Dublin Airport Authority.

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